Is Owner Financing A Good Idea For The Seller In Dallas, Fort Worth And Surrounding Areas – 469-795-1227

If you’re thinking about selling your house and you’re wondering what your options are, perhaps you’re exploring something called “seller financing” (also called “owner financing”). Owner financing is a little-known but very effective way to sell your house. And maybe you’re wondering, is owner financing a good idea for the seller in Dallas, Fort Worth And Surrounding Areas? That’s a great question and we’ll talk about it in this blog post…

Here’s How Owner Financing Works

In a normal home-selling transaction, the buyer (who doesn’t have ALL of the money for a house) goes to a lender (such as a bank) and they pay a down payment and then make regular monthly mortgage payments until the borrowed amount is paid in full.

This is the way most people are familiar with buying and selling. But there’s another way to sell your house that you might not be aware of, and it involves owner financing.

With owner financing, everything is similar except this one thing – the seller of the house acts like the bank: the buyer pays a down payment to the seller and then makes regular payments (just like mortgage payments) to the seller until the house is paid in full. Then the ownership of the house transfers to the buyer.

Many Sellers Are Wondering, Is Owner Financing A Good Idea For The Seller In Dallas, Fort Worth And Surrounding Areas

Many sellers do find owner financing to be a great idea.

They like that they have a larger group of potential buyers to sell to (including those who might not qualify for traditional bank financing)

They like that they get monthly cash flow from financing payments

They like that they still own the house and are protected, should the seller stop paying

They like that there is no property management

What’s not to love? You get ongoing cash flow and protection, and you’re still able to sell your house. That’s a perfect recipe. Whether this is your primary residence that you’re looking to sell, or you’re a landlord who is ready to start selling some of your rental property, owner financing might be a great option for you.

If you’d prefer to spread out payments or to have more buyers trying to buy your house, owner financing might be a great option for you. If you’re serious about selling your house and want to explore all of your options, take a closer look at owner financing.

Hear What Others Have To Say…

We had a great experience with buying our first home. Michael did a great job addressing our concerns. Diana made the paperwork process simple. Costs were up front and we got adequately timed invoices and updates. We would recommend buying & selling through Mobile Home Offers. Thank you to the Wasneuski's!

April & Taylor Z.

“I am settling into my new home and I want to express my deepest appreciation to you both for your assistance in the sale of my previous residence….”

- Susan P. (Home Owner)

Michael & Diana, I want to thank both of you for all of the hard work that you put in to sell my home. I will be sure to pass along your cards to anyone that may need your services. I couldn't have asked for a better or more smooth sale for my home.

My Husband and I were first time buyers and had no idea what to do or whom to talk to We felt all alone until Diana and Michael came to our rescue. They took care go everything we couldn't, they put everything in to terms that we could understand, and made the entire process a breeze when it could have been awful. If we ever think about buying again, we will immediately call the Wasneuski's, but in the mean time, we will refer them to everyone we know looking. They are an awesome team that helped us so much!

Alyson & Mathew Ingersoll

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